(Jenny Starrs/The Washington Post)A federal judge held an emergency hearing but declined to rule immediately Monday afternoon on a request to bar President Trump from installing an acting director at the Consumer Financial Protection Bureau in place of the agency’s No. The hearing came toward the end of a head-spinning day of dueling actions by rival appointees seeking to lead the bureau. The CFPB was created after the financial crisis to target unfair or abusive practices by financial institutuions offering consumer products, including credit cards, mortgages, and loans. Appointing Mulvaney, a “sitting White House official” and an outspoken critic of the bureau, to lead the agency would run counter to Congress’s intent and explicit provisions, Gupta said. and Sherrod Brown (D-Ohio) in her capacity as acting director through the afternoon.

Source: Washington Post November 27, 2017 23:48 UTC